2006, Vol.30, No.2

Journal of Tourism Sciences 2023 KCI Impact Factor : 2.7

pISSN : 1226-0533 / eISSN : 2713-6388
https://journal.kci.go.kr/JTS

Using marathon club membership as a segmentation variable, author investigated the relationship between full-course marathoners’ satisfaction dimensions of service attributes and their re-attendance intention in future racing. The analysis revealed that there were six satisfaction dimensions such as race management, awards and events, ancillary service, entry service, eligibility requirements, and pre-race programs. Marathoners placed higher satisfaction mean scores on these six dimensions than did their counterparts. In terms of the relationship between runners’ satisfaction dimensions and their re-attend intention, race management and pre-race programs had an effect on members’ re-attend intention whereas race management and entry process had on their counterparts’ re-attend intention.

This paper introduces the driving factors of network formation in world airline industry. Especially it clarifies the path from dyadic relationship to multilateral relationship, network. Authors identify four key factors deemed important for formulating network: (1) prior relationship (2) triggering entity(airline firms which develop the concept of network and try to persuade other firms to join the network. Generally, they are the airline firms which have superior resource and competitive advantage), (3) complementary resources, (4) similarity on features of firm. The data is collected from 150 airline companies. In sum the result suggests that network is the extended form of dyadic alliances.

This study estimates the possibilities of hotel bankruptcy using various analytic methods such as multivariate discriminant model, logistic regression model and artificial neural network model. The estimated models suggest that debt-burned hotels with low profit margin and return on common stockholders’ equity are more likely to be candidates of bankruptcy. The analysis of in-model variables, along with a cross-group comparison of financial ratios, suggests that bankrupt hotels have heavily relied on debt to finance fast sales growth without paying proper attention to controlling their operating expenses and financing costs. Author suggests in conclusion that to avoid bankruptcy risk hoteliers are encouraged to adopt a prudent growth strategy accompanied by less debt financing and tighter cost control.